Abstract: For the macro characteristic of active investment, we introduced the concept of the technical productivity of investment. It characterizes an investment’s capacity to reduce the norm of material or labor costs.Based on the technical productivity of investment

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Abstract: This document explores the incidence of the minimum wage in Lithuania. The descriptive analysis exploits high-frequency data on monthly labor income coming from Social Security records between July 2013 and July 2020 to characterize (i) the evolution of the m

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Abstract: We examine the existence of negative real balance effects (or so-called Pigou effects) by falls in the nominal wage rate and the prices of the goods in situations where there is involuntary unemployment using a three-generations overlapping generations model,

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Abstract: The present article describes the approaches and definition of the concept of uncertainty proposed by its authors, a quantitative evaluation of uncertainty, and materials of the empirical study used to explore the said issues on the example of macroeconomics

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Abstract: To reduce alcohol consumption, in 2018 the Lithuanian Government introduced new restrictions on alcohol sales time, consumer age, and alcohol advertising. These restrictions apply to the entire population, regardless of alcohol consumption behavior. Such acti

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Abstract: This study is relevant due to the multidimensionality and interdependence of industrial development and the indicators of innovation and technological activities and marketing efficiency. The use of economic and mathematical modelling of dependencies between

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Abstract: Airline industry is very important for modern society as the biggest player in the globalization process by connecting regions, promoting global trade and tourism, facilitating economic and social development. However, here is a lack of research on relationsh

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Abstract: In previous literature studies, saving condition is mainly examined focusing on Developing and Asian countries. The analysis on the saving condition is crucial due to the linkages between saving accumulation and economic growth. The studies that focus on Deve

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Abstract: This paper provides a deep analysis of ten globally diversified portfolios, composed of different financial instruments: bonds, shares, ETF’s, commodities, indexes, currencies, constructed applying various optimization techniques. Statistical moments, such as

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